First United FUNC Wealth Management — Intangible Amortization

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Questions, answered.

What is First United's wealth management — intangible amortization?

First United (FUNC) reported wealth management — intangible amortization of $52K in Q1 2026.

How has First United's wealth management — intangible amortization changed year-over-year?

First United's wealth management — intangible amortization decreased by 0.0% year-over-year, from $52K to $52K.

What is the long-term trend for First United's wealth management — intangible amortization?

Over 2 years (2023 to 2025), First United's wealth management — intangible amortization has grown at a -0.2% compound annual growth rate (CAGR), from $210K to $209K.

What does wealth management — intangible amortization mean?

This reflects the periodic expense recognized for the consumption of intangible assets, such as customer relationships or acquired contracts, specific to the wealth management segment. It is a non-cash charge that highlights the historical investment in intangible value that is currently being utilized to drive segment revenue.